Interest 269 269 EBT 1,462 1,522 Taxes 497 517 NI 965 1,005 Dividends 338 352 RE 627 653 Balance Sheet (Values in $) 2007 2008 Cash 2,107 2,155 AR 2,780 3,142 Inventory 4,959 4,086 Total CA 9,855 9,383 NFA 17,669 19,091 Total assets 27,524 28,474 AP 2,213 2,146 Short term notes 407 382 Total CL 2,620 2,528 LTD 7,056 8,232 Equity 17,848 17,714 Total D & E 27,524 28,474     What is the firm's 2008 cash flow from investing?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.7P
icon
Related questions
Question

See company financial data below:

 

Income Statement

(values in $) 2007 2008

Sales 4,018 4,312

COGS 1,710 1,843

Depreciation 577 678

EBIT 1,731 1,791

Interest 269 269

EBT 1,462 1,522

Taxes 497 517

NI 965 1,005

Dividends 338 352

RE 627 653

Balance Sheet

(Values in $) 2007 2008

Cash 2,107 2,155

AR 2,780 3,142

Inventory 4,959 4,086

Total CA 9,855 9,383

NFA 17,669 19,091

Total assets 27,524 28,474

AP 2,213 2,146

Short term notes 407 382

Total CL 2,620 2,528

LTD 7,056 8,232

Equity 17,848 17,714

Total D & E 27,524 28,474

 

 

What is the firm's 2008 cash flow from investing?

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Ratio Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Financial Accounting: The Impact on Decision Make…
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning